Daily Market Analysis
2025-05-05
Review our intraday commentary to learn how we interpret price action and build a market narrative.
Drag the blue slider to reveal the day's price action. Dots on the timeline represent comments and can be clicked. View the table below for all market-related comments and annotated charts (including those from after hours).
Abbreviated Comments View all
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| 11:13:25 Pete |
I'm back. We got the bounce I expected and we are well into the gap. Not an overly impressive move, but we have recaptured half of the gap. |
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| 11:28:04 Pete |
Exit Short CELH @ $34.08 for $.40 gain. Swing trade and earnings tomorrow. The stock maintained RW through the holding period, but the market was moving higher so I did not get a bigger move. Good short. |
| 11:49:07 Pete |
My HTZ swing short is working out nicely. The May (9) $4.50 puts I sold for $.20 will expire Fri and then I will just have the May (16) $8 puts for a $1.20 db. |
| 11:52:41 Pete |
Nice. Wasn't that easy? @Tech tok: Exit Long AA - bought back the sold puts 0.44 for 0.01 c - thanks @Pete View |
| 12:41:34 Pete |
I did a short video. I highlighted W as a good short. We need to see the market fill the gap and then get rejected. Set downside alerts on W. It might not set up today, but it should be... |
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